Hitachi, Ltd. recently launched a new business entity named Hitachi Vantara to deliver data-driven solutions for commercial and industrial enterprises. The new venture is an integrated business unit of Hitachi’s tech units — Hitachi Data Systems, Hitachi Insight Group, and Pentaho.
It will broaden the innovation, development and experience of enterprises and provide them superior infrastructure and analytics technologies.
Hitachi has been leader in Information Technologies (IT) for more than 50 years now with its IT applications, analytics, content, cloud and infrastructure solutions. Also, it has been providing Operational Technologies (OT) solutions for over 100 years now, servicing finance, manufacturing, government, power/energy and transportation sectors.
Since data holds the key to new revenue streams and improved market insights, Hitachi Vantara will help customers extract all the value their data has to offer. The customers will be able to achieve tangible outcomes that drive businesses forward.
“Hitachi Vantara marks a monumental change for Hitachi as we continue to advance our unified corporate vision of Social Innovation. Hitachi has been helping customers harness the power of their data to support meaningful business action for years. Now as the world is being transformed by digital tools and processes, we are unifying our strongest digital solutions companies together as a new Hitachi company that delivers exponential business impact for our customers and the betterment of society. The formation of Hitachi Vantara underscores Hitachi’s commitment to collaborative creation with customers and partners, and being a true innovation partner for the era of IoT,” said Hitachi, Ltd. President and CEO Toshiaki Higashihara.
As per Gartner, more than $440 billion is expected to be spent on IoT in 2020, and there will be more than 21 billion connected sensors and endpoints, and digital twins will exist for potentially billions of things. Keeping this in mind, Hitachi Vantara is targeting IoT market, to harness business, human and machine data across OT and IT environments for creating complete, data -driven solutions.
Hitachi announced that it will focus on serving Fortune 1000 companies with best-in-class products for data management, content, analytics, industrial IoT products for various industries, including insurance, financial services, telecom, manufacturing/industrials and transportation.
Hitachi Vantara CEO, Ryuichi Otsuki, said, “Hitachi Vantara capitalizes on this unique combination by creating solutions that meet the needs of an increasingly connected world. Like our customers with whom we partner and co-create, Hitachi Vantara sees data as an opportunity—a path to outcomes that matter.”
Hitachi has also released Lumada IoT platform, that collects digital data generated from various different assets of customers and support solutions for business problems via modern digital technologies like artificial intelligence and Smart Data Center Solutions –for managing infrastructures and data centers through analytics and sensors. Both will be on display at Hitachi NEXT 2017 user conference in Las Vegas.